IHT HOTEL REVENUES CONTINUE GROWTH
InnSuites Hospitality Trust Shares of Beneficial Interest (IHT)
NASDAQ:AMEX Investor Relations:
innsuitestrust.com
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Source: GlobeNewswire
Phoenix, AZ, May 01, 2025 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) reported annual results with continued revenue growth in Fiscal Year 2025, (February 1, 2024, to January 31, 2025), with Total Revenues increasing to approximately $7.6 million, a further increase from the prior Fiscal Year total. IHT hotel operations were strong in the 2025 Fiscal Year ended January 31, 2025. Both the Tucson Hotel and Albuquerque Hotel also achieved excellent results for the combined months of February and March, of the current Fiscal Year. Combined Revenue for both hotels was approximately $1.6 million for the first two months of Fiscal 2025, an increase from the first two months of the prior Fiscal Year. The Fiscal 2025 Combined Hotel Average Daily Rate (ADR) increased $2.22, an increase of 2.28% from the prior Fiscal Year. The Combined Revenue Per Available Room (REVPAR), also increased from the prior Fiscal Year, by $0.36, a 0.49% improvement. InnSuites Hospitality
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